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PBS
Jul 15, 2010 12:00pm EDT
former u.s. senator sam nunn and the increasing tension caused by iran's nuclear ambitions. he serves as the co-chair of the nuclear threat initiative. recently the u.n. and u.s. announced a new round of sanctions against iran for failing to comply with previous restrictions. also, levar burton is here. he is back with a new film called "the jensen project," premiering friday night on nbc. sam nunn and actor lavar burton, coming up right now. -- sam nunn and actor levar burton, coming up right now. >> all i know is his name is james, and he needs extra help with his reading. >> i'm james. >> yes. >> to everyone making a difference, you help us all live better. >> nationwide insurance supports tavis smiley. with every question and answer, nationwide insurance is happy to help tavis improve of financial literacy and remove obstacles to economic empowerment one conversation at a time. nationwide is on your side. >> and by contributions to your pbs station from viewers like you. thank you. [captioning made possible by kcet public television] tavis: sam nunn is a former u.s. senator from geor
PBS
Jul 7, 2010 12:30pm EDT
coming over into this administration because the turks have been very upset with the u.s. policy toward iran. they see it as too confrontational. the problem is that the americans are not in an advice- taking mode. actually we're not very good at taking advice in general. we're actually used to giving advice. the idea that we should have partners in the middle east who have other ideas about how to approach the crises there. we should maybe adjust our policies according to what our friends in the neighborhood suggest. it's something we're just not ready for. and so senator kerry on the broadcast here recently said to me, you know, turkey speaks to and has resonance with the arab street today, number one. number two, they're in a contest for leadership in the arab world. >> you're absolutely right. i wouldn't say just the arab world but the whole middle east. turkey is now able to play a role that no other country can play. how did turkey get to this position? because it's only been ten years that turkey has been really active in the world. before that turkey was just the loyal fa
PBS
Jul 27, 2010 6:00pm EDT
. president obama led a chorus of concern over the huge disclosure of classified u.s. military documents about the war in afghanistan. >> ifill: and i'm gwen ifill. on the newshour tonight, two takes on the document dump. first, senators jack reed and kit bond assess what it could mean for the war effort. >> lehrer: then, judy woodruff talks to david leigh of the "guardian" and media watcher alex jones on the journalism impact. >> ifill: holly pattenden of "business monitor international" in london looks at the corporate shake-up at b.p. >> lehrer: tom bearden reports from the alabama gulf coast on kenneth feinberg and the complicated mission of compensation. >> and the lead is still tied up they still compensation hasn't been forth coming. >> when i was a young person working in these places, didn't see a way out. and i certainly didn't think the way out would be this. >> lehrer: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the
PBS
Jul 28, 2010 6:00pm EDT
look at pakistan. she talks to pakistan's u.s. ambassador about the airliner crash that killed 152 people, and she examines u.s./pakistani relations after the leak of thousands of secret military documents. >> ifill: we ask environmental engineer nancy kinner to track what's happened to the oil in the water. 100 days after the gulf disaster. >> lehrer: and spencer michels tells the story of a one-man mission to help clean up the oil in louisiana. >> a private individual has taken it upon himself to try to protect the barrier islands in the gulf of mexico. >> lehrer: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> this is the engine that zero emission technologies to breathing a little easier, while taking 4.6 million truckloads off the road every year. bnsf, the engine that connects us. and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corpor
PBS
Jul 5, 2010 5:30pm EDT
. most of the people here report little changed. >> the u.s. vice-president has urged iraqi politicians to form a coalition to end the deadlock that has left the country without the government. it has been four months since iraq's inconclusive elections. iran has accused some gulf states of refusing to provide fuel for their airliners. a senior aviation official says that the action has greatly increased the cost of such flights. german officials deny any such fuel ban. a strike over fuel price increases has disrupted normal life across much of the country in india. many schools and businesses were closed. a court in beijing has sentenced an american geologist born in china to eight years in prison. convicted of stealing state secrets, detained in 2007 after negotiating the sale of a publicly available oil industry data base for his employer's. >> for 2.5 years this chinese american geologist has languished in captivity. saying he has been tortured, burned, it on the head by interrogators. monday his lawyers and sister arrived to hear the long-delayed verdict. because of chi
PBS
Jul 21, 2010 6:00pm EDT
fallout from accusations of reverse racism at the u.s. department of agriculture, as with newshour political editor david chalian, the administration apologizes to a fired employee. >> lehrer: plus, a tom bearden oil spill report on the dispute over how to block the flow of oil into threatened tidal estuaries in louisiana. >> woodruff: and, on this 60th anniversary of north korea's attack on the south, jeffrey brown revisits that first hot conflict of the cold war, and explores its continuing legacy with warren wiedhahn, a u.s. marine veteran of the war, plus historians michael beschloss and alex roland. that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff:
PBS
Jul 5, 2010 12:30pm EDT
month. overall the u.s. lost 125,000 jobs in june as temporary government census workers departed. the unemployment rate declined to 9.5% in june from 9.7% the previous month. but the number of people outside the labor force who are neither working nor look for work rose to 800,000. unemployment claims also rose by 13,000 to 472,000. earlier today president obama spoke about the challenges ahead. >> all told by economy has created nearly 600,000 private sector jobs this year. it is a stark turn around from the first six months of last year when we lost 3.7 million jobs in the height of the recession. make no mistake, we are headed in the right direction but as i was reminded on a troip racine, wisconsin, earlier this week, we're not headed there fast enough for a lot of americans. we're not headed there fast enough for me either. we continue to fight headwinds of global markets. we still have a great deal of work to do to repair the economy and get the american people back to work. >> rose: joining me now is paul krugman, a nobel prize winning economist and as you know a columnist for
PBS
Jul 20, 2010 6:00pm EDT
community, and his words came on a day of new violence. we get two views on how much the u.s. and others can rely on the karzai government. >> brown: then we look at the new choice for director of national intelligence and his tough job ahead. >> brown: paul solman reports from greece on tough, new austerity measures and the anger they've brought on. >> lehrer: and margaret warner talks to dr. anthony fauci about promising new ways to prevent aids. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> lehrer: the president of afghanistan appealed for greater global support at today's kabul conference on security and development. as he spoke, the country's problems were underscored by events outside the afghan capital. zelikow president karzai addressed representatives from dozens of nations and organizations. and he called again for afghans to take charge of their own security nationwide by 2014. >> the national institutions dedicated to fulfilling the constitutional duty has ensured the security of our country. >> lehrer: karzai's dat
PBS
Jul 2, 2010 6:00pm EDT
. thank you. >> brown: the u.s. economy lost jobs overall last month, even as the jobless rate was declining. the numbers were the latest sign that the recovery may be losing momentum. private employers managed to add 83,000 jobs in june, but it wasn't enough-- the economy still recorded a net loss of 125,000 jobs, as the census bureau laid off more of the temporary workers it hired last spring. labor commissioner keith hall offered this perspective at a congressional hearing this morning. >> although the... the private- sector job growth was not strong, it was job growth, and it has been growing now for six straight... six straight months. so i think, in context, that's a positive sign. and in temporary help work continues to add jobs, and it's added quite a few jobs. and that continues to be a... a good sign for generally future growth, i think, in employment. >> brown: indeed, the unemployment rate actually fell last month to 9.5%, the lowest in nearly a year. but that was because 652,000 people gave up looking for work, so they were no longer counted as unemployed. president ob
PBS
Jul 29, 2010 6:00pm EDT
in our newsroom. >> sreenivasan: afghan president hamid karzai complained today that u.s. and nato forces are not attacking taliban sanctuaries. he said, the "sources of funding and training of terrorism lie outside afghanistan"-- an apparent reference to pakistan. this week's huge leak of u.s. military documents depicted pakistan's spy agency collaborating with the taliban. karzai said the leaks have also jeopardized afghan informants. >> whether those individuals acted legitimately or illegitimately in providing information to the nato forces-- they are lives. and those lives will be in danger now. therefore, we consider that extremely irresponsible and an act that one cannot overlook. >> sreenivasan: in washington, defense secretary robert gates also criticized wikileaks for releasing 91,000 classified documents. he warned of severe consequences for u.s. troops and u.s. allies. >> it's amazing how much trust matters in relationships whether with governments or individuals around the world. it seems to me as a result of this massive breach of security we have considerable repair
PBS
Jul 28, 2010 7:00pm EDT
u.s. response to the financial crisis probably prevented a second grace depression. the report estimates g.d.p. today would be much lower today. the economy would have lost an additional 8.5 million jobs, and we would have deflation instead of low inflation. joining us now are the two leading economists, alan blinder and moody's mark zan. >> thank you. >> to the fed's purchase of mortgage-backed securities. which was the most important for the economy. >> it also included the fiscal stimulus. somewhat to our surprise, we didn't know going into the work, at least according to this model, the panoplyia of financial policies, including the things you mentioned and other things were more important qon quantitatively than the stimulus, the tacks rebates of 2008 and so on. >> suzanne: makers, not all of the policies have worked as well. in particular, the loan modifications are not working necessarily. how do we fix housing, do you think? >> well, you're right. i think it's -- as you put it, if you rank the order of the different policy responses, the mortgage foreclosure efforts hav
PBS
Jul 23, 2010 7:00pm EDT
shortfall in u.s. history. our guest tonight has been appointed by president obama to serve on a special commission to reduce the nation's deficit. alice rivlin joins us now, she is also senior fellow of the brookings institution. >> good to be here, susie. >> susie: alice, when you look at the forecast of the white house, and looking out, it is expecting the deficit, it will be able to cut the deficit by half a trillion dollars over the next two years, by the year 2012. that works out 10% of g.d.p. now down to 5.6%. does that seem doable to you? >> i think it is doable if the recovery doesn't falter. the assumptions behind this drop in the deficit are that the economy does recover, grows moderately this year, and continues to strengthen. i don't think that's unreasonable, although there is some reason recently to doubt how strong the recovery is. but on those assumptions, much of this deficit, and it is very, very large, is related to the recession and to the temporary spending that we had to do to mitigate the recession. so it is reasonable to assume that that will diminish as the econ
PBS
Jul 19, 2010 5:30pm EDT
to take on more responsibility for security. the u.s. secretary of state hillary clinton has been talking to the bbc ahead of the summit. >> afghanistan leadership is in the spotlight as kabul prepares for the historic international conference. never has this city hosted so many foreign policy leaders. but if developments on the ground match the promises made at each of the conferences for afghanistan, this country would be paradise by now. the situation however is barely improving. a report by the afghanistan and geosecurity office is sobering. it says nato's counterinsurgency vatty is in trouble. attacks in june are up 5 1 pairs compared to last year. attacks against international organizations are increasing and the number of civilians killed is also rising. just this sunday, there was another attack against a market. but a conference will call for continued aid for afghanistan to support its government as it slowly takes charge. this should pave the way for foreign troops to withdraw. the u.k. has plemmed aid but has made it clear wants its soldiers out sooner rather than late
PBS
Jul 30, 2010 5:30pm EDT
countries in history, the u.s. and china, have had these oil spills and about the same time. i hope we get the message about the hidden cost of oil, whether we see them or not. >> the oil is ready for recycling. getting proper compensation will be harder. the state has affirmed there is still crude, but who will put pressure on them? >> the pollution will harm our fishing for a long time. but they cannot do anything about it. >> they have no choice. they have to try to make. otherwise, they do not know that their livelihood will ever recover. bbc news. >> at greece is to use the army and navy to restore fuel supplies cut by a lorry driver strike. it has led to a petrol shortages and badly damaged the tourist energy. -- tourist industry. investigators have charged three canyons on multiple counts of murder in the ugandan bomb attacks earlier this month. the three men are also accused of attempted murder and terrorism. it and islamist group has said it was behind the attacks. the founder of the website that leads thousands of classified documents on the afghan war has rejected accusat
PBS
Jul 20, 2010 7:00pm EDT
better than 8%. its earnings come out a week from tomorrow. u.s. steel is due out a week from today, and thursday, nucor earnings will hit the street. u.s. steel and nucor are at one- month highs. bank earnings clouded the market early on and there's a few more to come. goldman's drop in profits from a year ago was not a surprise, but making the drop larger was its big settlement with the securities and exchange commission over disclosure in a mortgage bond derivative deal. shares were climbing, though, rallying to their highest price since last april. state street bank saw a bigger rally, jumping almost 6%. shares are up 20% since earlier this month, when it said its second quarter was stronger than anticipated back then. and here are the results. stronger fees for its asset management business fueled the rise in profits, as earnings matched its guidance given two weeks ago. three more banks are due to report earnings tomorrow-- wells fargo, morgan stanley and northern trust. it was a mixed performance for these three. healthcare was the leading losing sector, with johnson & johnso
PBS
Jul 16, 2010 7:00pm EDT
u.s. very good growth prospects for oxidental, just like all of these companies. >> susie: we have a half minute left. exxon-mobil is not on your list. why is that? >> i think exxon-mobil is a little pricey. they do deserve a premium, but i think it is a little much right now. and on top of that, they don't pay as much of a dividend. it yields about 3%. and the xto position they just closed will not yield much to earnings. >> susie: any disclosures to make about these recommendations. >> i do not own any of these stocks, and edward jones does not do any investment banking with any of them. >> fair enough. brian, thank you so much for coming on the program. have a great weekend. >> thank you, you, too. >> tom: here's what we're watching for next week: our friday "market monitor" guest is ernie ankrim, senior market advisor at russell investments. apple, goldman sachs and wells fargo report quarterly results. monday, if congress okays it, more than two million americans who've been out of work for a long stretch could soon get their unemployment benefits restored. we talk to one of t
PBS
Jul 26, 2010 7:00pm EDT
vote of confidence for the u.s. recovery. >> these improving profits you see at companies like u.p.s. and federal express is a very positive sign. it's a signal that there is economic activity around the world, the global economy remains healthy. the us economy is not likely to head into a double-dip recession. >> reporter: august and september are typically strong months for fedex and u.p.s., as retailers stock up on fall merchandise. economists hope shipments will be strong, a sign consumers are starting to spend again. erika miller, "nightly business report," new york. >> susie: one of the most successful vehicles in ford motor's history had a second coming out party today: the explorer. the new version is more fuel efficient and has more safety features than the sport utility that took the country by storm two decades ago. but, as diane eastabrook reports, this explorer faces a lot more competition than its predecessor. >> reporter: ford's 2011 explorer got a multi-city rollout in places like chicago, where it will be built, and in miami's fashionable south beach, where its
PBS
Jul 3, 2010 1:30am EDT
depression, but a couple things stop it. democrat robert byrd, the longest serving u.s. senator in history, passed away, and there would be republican from massachusetts, scott brown, who voted for the bill when it came out of the senate come back out came out of conference. according to "the boston globe, close what he is the most popular elected official in the state. eric cantor says that this is a clear attack on capital formation in america. do you agree, charles? >> i think it is the biggest mess we have ever produced. i think it's consequences are completely untold, and i agree with john taylor, an economist from princeton, who says it will guarantee ballots as far as the eye can see. -- guaranteed bailouts as far as the eye can see. >> mark? >> it is a major accomplishment, given the poisonous climate in this city, and shout out goes out to chris dodd, the retiring democrat from connecticut, and barney frank, the decidedly un retiring congressman from massachusetts. >> nina? >> i think it is a major accomplishment, and if they want to wait a couple of weeks, they will get a
PBS
Jul 1, 2010 5:30pm EDT
u.s. house of representatives. they are angry at reports of corruption in afghanistan and allegations that huge amounts of cash have been simply flown out of the country. did it leave bound for the foreign bank accounts of corrupt politicians or is it going into the pockets of foreign contractors? this report from kabul. >> they're partners in war, but the united states worries that the money it's sending to afghanistan isn't in karzai's hands. more than $35 billion in aid has poured into the country since fighting began, and still afghanistan is one of the poorest countries in the world. so congress is holding back some of its aid. the united states has pulled the plug on the money after the discovery that over the last three and a half years more than $4 billion in cash has left afghanistan via kabul airport, and it left in cash. it could have made a huge difference here. but, says the finance minister it never came near the afghan government in the first place. >> this is not a figure that's discovered by somebody else. it's a figure that was reported by myself in concern raised in
PBS
Jul 14, 2010 12:00pm EDT
throw them all into the category of distractions because they could be. there reggie bush bashing u.s. see story, and maybe even the victory itself -- the reggie bush-usc story. with those and the other distractions in the off season? >> i think, number one, you go back to being on what we just talked about. you lean on leadership in the locker room, and we are a team that since we began in 2006, we have been displaced for a week in indianapolis. we played over in london, england, for one week. we are a team that has been able to handle that spotlight, if you will. this was our goal beginning in 2006, to be successful, and knowing that with success comes just what you are talking about, be in the vicodin issue that came up after the end of the regular season, certainly with usc, andcase involving then clumping what is i guess the super bowl hang over potentially together, i think you come right out and discuss those things and talk about being special and once again leading strongly on the character in the locker room and the leadership in the locker room and studying closely history
PBS
Jul 22, 2010 12:30pm EDT
influence over such a wide realm as time geithner has, but the u.s. economy is still struggling. unemployment is painfully high. all eyes are now on the administration as it turns to explaining what this bill is all about and how it helps americans. i'm pleased to have secretary geithner with me on this day. welcome. >> nice to see you, charlie. >> charlie: this bill. what does it do? >> i think you have to start by looking at the basic failures that led to the crisis. after the great depression, we put in place the strongest protections over our financial system and they helped lay the foundation for decades of investment innovation growth on a scale you hadn't seen any other major economy deliver over time, but we let the moss accumulate, the rust develop and we let an entire parallel industry of people in the business of finance -- mortgage brokers, pay-day lenders, large investment banks and large insurance companies -- operate outside of those basic constraints without the basic protections the system needs to function well to make sure it's providing finance for companies,
PBS
Jul 12, 2010 6:00pm EDT
polanski from electronic monitoring after rejecting extradition requests by the u.s. government. the u.s. south custody of polanski for fleeing the country in 1978 without serving his sentence after admitting he had sex with a minor. the 76-year-old had been under house arrest in his swiss chalet since december of 2009. a gunman opened fire at a manufacturing facility in albuquerque new mexico killing at least two people before turning the gun on himself. police described as a domestic violence suit. part of the city of albuquerque was shut down as a precaution. >> because of the multiple reports and people running from the building we have received reports that there may be a second gunman. we do not believe there's a second gunman. we believe this is a second individual. however, just to be safe we have locked down the entire part of the city . >> sreenivasan: 85 employees were in the building at the time of the shootings. four others were wounded. the american society of clinical oncology issued new guidelines today for the use of hormone-based breast cancer drugs. they advised mo
PBS
Jul 8, 2010 7:00pm EDT
. late today, the u.s. treasury declined to label china a currency manipulator, citing that country's recent move to end the yuan's peg to the dollar. in a report to congress, treasury secretary geithner said what matters most is how far and how fast china's currency appreciates. meantime, interest rates are staying the same in the euro zone. the european central bank met today decided to join the bank of england in leaving its benchmark interest rate at an historic low. meanwhile, u.s. mortgage rates continue to drop-- the average rate on a 30-year fixed mortgage is at a record low 4.57%. and u.s. government scientists have made what could be a major breakthrough in the battle against h.i.v. they've discovered two human antibodies that can stop more than 90% of known global h.i.v. strains from infecting human cells in the laboratory. the breakthrough could be used to create improved vaccines and treat h.i.v. infections. >> susie: still ahead, the bond market's been on a tear recently. coming up, analysts weigh in on whether the run up in treasuries will last. >> tom: the obama admini
PBS
Jul 27, 2010 7:00pm EDT
gulf of mexico and u.s. coastline, the company has a new leader and new strategy. the company's new chief executive, bob dudley, said change is coming, even though he's a longtime b.p. insider. >> we're going to learn a lot, and the industry's going to learn a lot, and there's no question that we will change as a company and from those learnings. >> reporter: included in those changes is an accelerated plan to raise cash by selling b.p.'s non-core assets, or less than 10% of the company's total business. the company is guessing it will need $32 billion to cover costs and liabilities from the spill, well below some worst-case estimates of $60 billion. still, analyst cathy milostan says, by disposing of assets b.p. hopes to show investors it can pay for the mess. >> we're starting to see what i call building blocks of being able to demonstrate that there is cash that they can access to cover oil spill costs. the issue here is, there's still a good deal of uncertainty as to what the future costs could be. that uncertainty continues to dog b.p.'s stock. the shares have plummeted 36% sin
PBS
Jul 6, 2010 7:00pm EDT
, especially in light of some recent weak data, susie, on the labor market and housing. >> susie: u.s. secretary timothy geithner told the pbs newshour, it is important to remember the financial crisis cut very deep with millions of americans losing their jobs. >> tom: while geithner acknowledges we have an enormous whole to climb out, he says the economy is healing. he spoke about strong exports and increased business development. and the treasury secretary spoke with the "news hour"'s jim lehrer. >> if it is going so well, why does it feel like it isn't going so well. >> the scars of this recession were traumatic. people saw the value of their savings plummet. a terrible blow to basic confidence. you're still seeing lasting effect of that damage on business confidence and how people feel about their basic lives. people, understandably, feel a little cautious and tentative. we've seen a little concern about europe wash across the economy. no recoveries are even and steady. what you can say today with confidence is we're in a much stronger position today than we were 18 months ago. mu
PBS
Jul 29, 2010 5:30pm EDT
in the range of industries. of what can we do for you? >> and now "bbc world news." >> u.s. allies have taken -- u.s. and allies have taken stronger action against terrorists. a woman admits killing eight of her newborn babies trying to hide it from her husband. welcome to "bbc world news." >> u.s. forces depend daily on information from afghan civilians as they try to defeat the taliban in afghanistan. some might give him information openly come others, more secure the as spies. but none expect their names to be published on the internet. the dossier expose this week includes names, addresses and father's name is, in direct contradiction to the claims that they have withheld documents that might risk lives. the afghan government has been cautious until now about commenting on the avalanche of information that appeared on line. but president karzai had been particularly shocked by the way the name of informants had been left in. >> these names were put into these documents without been blacked out. to put this, indeed, is extremely irresponsible and -- >> this, indeed, is extremely
PBS
Jul 2, 2010 7:00pm EDT
sponsored by wpbt >> susie: good evening, everyone. the u.s. economy lost jobs in june, the first time that's happened this year. tom, today's employment report didn't give americans much to cheer about as they head off for the holiday weekend. >> tom: susie, 125,000 jobs were lost, mostly because thousands of temporary census bureau workers left their jobs the unemployment rate fell unexpectedly to 9.5%, down from 9.7%. but that's only because many people stopped looking for work. >> susie: today's report reinforced worries that the economic recovery could be getting off track and the economy will slow over the next six months. scott gurvey has explains. >> reporter: if you were expecting today's report on employment in june to provide a clear picture of the outlook for the rest of the year you were disappointed. and if policymakers at the fed and in congress were looking to the report for guidance in the debate between additional stimulus and a new austerity they too were disappointed. the private sector did add jobs and more jobs than it added in may. and yes, the unemployment rate
PBS
Jul 1, 2010 7:00pm EDT
. >> reporter: economists say the recent skittishness in global markets is also making many u.s. firms cautious about their hiring and capital spending. and it's not just fortune 500 companies that are reluctant to commit to new workers. manager min tu of this new york city subway shop says he doesn't need any more help. >> now, we are not hiring. now, we have enough people for this business. last year is okay, but before we had four to five people. now is slower; four is okay. >> reporter: that trend is bad news for the u.s. economy, because small businesses typically are major job producers. economist thomas berner says small firms are not very optimistic about the prospects for future sales in the current economic environment. >> they're worried about where the cycle is going, like everybody, and that adds to their uncertainty on top of not being able to borrow money as easily or at the same rate as, for example, larger companies. >> reporter: hiring momentum may be slowing in the u.s., but most experts do believe companies will continue to add jobs to their payrolls this year. the
PBS
Jul 15, 2010 7:00pm EDT
wpbt >> tom: good evening. two big developments tonight concerning the u.s. financial system: the senate passed the most comprehensive financial reform bill since the 1930s. and susie, late today, goldman sachs settled its civil fraud case with the s.e.c., agreeing to pay more than half a billion dollars. >> susie: tom, we begin with that historic reform bill. it's designed to prevent financial crises in the future. the senate approved the legislation by a vote of 60 to 39. the president is expected to sign it into law next week. >> tom: the new rules will mean huge changes for consumers, and for banks across the country, from the big banks like j.p. morgan, citi, and bank of america to smaller regional firms. darren gersh reports. >> reporter: it's a safe bet school kids decades from now will be quizzed on the dodd- frank wall street reform and consumer protection act. they'll be asked about the new financial stability oversight council, and how it was empowered to identify and correct the kinds of risks regulators missed in the great recession; about the new consumer protection
PBS
Jul 28, 2010 12:30pm EDT
. >> we talk to greg mortenson, a man who knows afghanistan and pakistan well and who the u.s. military is increasingly listening to. >> i think one of general mcchrystal's legacies is that the elders really felt that we were there to listen and help them. although he was called the architect of the kandahar operation, which means hope in pashto, which was supposed to materialize, he, by the means of the elders, was advised not to do this operation. >> charlie: pakistan's ambassador to the united states, and greg mortenson. next. funding for charlie rose was provided by the following. ♪ >> additional funding provided by these funders. >> and by bloomberg. a provider of multimedia captioning sponsored by rose cmunications from our studios in new york city, this is charlie rose. >> charlie: in the first public reaction, today, to the leaking of the documents about afghanistan and pakistan, president obama said that he was concerned about the leaks but there was no new information coming from them. >> while i'm concerned about the disclosure of sensitive information from the battlefield tha
PBS
Jul 15, 2010 5:30pm EDT
financial reforms in the u.s., congress passes the president's plans for tough new regulation of the banking industry. stopped at last, the oil leaking into the gulf seems to have stopped since bp began testing its cap on the leaking under seawell. the bed and kinds of its regulations dealing with the abuse of children by priests. welcome to bbc world news, a broadcast to our viewers on pbs in america and around the globe. coming up later for you, a special report from jerusalem. we reveal how israeli activists are offering a large sums of money is to palestinians for private property. and are the back for good? this time, robin williams is with them. take that is performing. ♪ >> hello. some call it the most profound overhaul of american financial regulation since the great depression. after many hurdles and much tussling, the financial regulation bill will finally become law. in a narrow vote, the u.s. senate has passed a bill to president obama first proposed the reforms more than a year ago and said he wants to sign it into law next week. going to our new york bureau now. this
PBS
Jul 15, 2010 6:00pm EDT
today about where the u.s. economy is headed. the latest data on jobs, housing and manufacturing underscored concerns that the recovery may be losing steam at the year's midpoint. in manufacturing, the federal reserve reported factory output fell last month after three months of growth. at the same time, new claims for jobless benefits fell to the lowest in nearly two years. but it was mostly due to seasonal factors. meanwhile, the private firm realtytrac reported 528,000 home foreclosures in the first six months of 2010. the company warned that lenders could repossess more than one million homes by year's end, a new record. at that rate, it could take until 2013 to work through the backlog of repossessed properties. president obama focused on the broad economic picture, as he spoke at the ground breaking of a new factory in holland, michigan. >> the progress we've made so far is not nearly enough to do - - undo the enormous damage that this recession caused. as i've said since the first day i took office, it's going to take time to reverse the toll of the deepest downturn in a g
PBS
Jul 9, 2010 8:30pm EDT
take them to one of the new york airports to be transported to moscow. >> as the u.s. strikes a deal with the former enemy, it mends fences with an old friend. >> the bond between israel and the united states is unbreakable. >> the bond between the united states and israel is unbreakable. >> while on the domestic front, republicans and democrats look for a little mojo. with the president on the campaign trail -- >> hello, nevada, hello kansas city! >> carnahan wants to move forward. missouri wants to move forward. that's the choice in this election. moving backwards or moving forwards. >> as republicans debate among themselves, who speaks for the party? >> every time something happens, you know, people say oh, step down. well, the reality is that's not happening. so stop the noise on that. >> you don't want to mess with me. >> i'm joined by pierre thomas of abc news, christi parsons of "tribune" newspapers, john harwood of cnbc and "the new york times," and john dickerson of "slate" magazine and cbs news.>> award-winning reporting and analysis, covering history as it happens. live fr
PBS
Jul 21, 2010 5:30pm EDT
the company. the jury found he was stealing from the company. he found a way to discover that u.s. law has used against him was somewhat unconstitutional. irrepressible in the way they tried to come down the mountain. >> t outmanoeuvre the paper's owners. the telegraph became the centerpiece to the world's largest newspaper empire. but they are long gone now. >> his business success brought membership in the house of lords. >> the trusted conrad black. >> while some admire the achievements, others found them extravagant. saying that he was living a billionaires' lifestyle on a millionaire's salary. he spent the last two years in a florida jail. what now for conrad black? >> he has been vindicated and stays out of jail. those that have attacked him in this city should look out, conrad is back. >> for now he has been told that he must stay in the united states or forfeit bail. >> you are watching "bbc world news." rare access to secret kurdish guerrilla camp in iraq. telling the bbc that they could be willing. british astronomers say that they observe the biggest start detected anyw
PBS
Jul 14, 2010 5:30pm EDT
eliminate the work. the dawn breaks. the captain of the u.s. coast guard ship resolute explained just how much effort is going into the battle against the oil. >> they are working around the clock, trying to respond to the largest oil spill in u.s. history. >> this will not be the easiest of days. the test on the cap that's bp has put on the leaking well have been delayed. i went to visit where the deepwater horizon rig exploded, with the loss of 11 lives. the scene is one of controlled chaos. 65 vessels were involved in the effort to capture the oil. two are digging the relief well. others are diverting the oil. everyone's hopes are resting on a gigantic cap. can it stop the spill that has flowed relentlessly into the gulf for almost three months? wreaking havoc with the economy and the environment. now be nerve wracking part. watching and waiting, to see if bp's latest attempt to stop the oil will be successful. bbc news, in the gulf of mexico. >> an man arrested for the times square bomb plot in new york has appeared on a television video. in the video, the pakistan-born american says
PBS
Jul 20, 2010 5:30pm EDT
the u.s., how close are the two leaders? devastating floods in china putting record pressure on the recently completed three gorges dam. welcome to "bbc world news mccloy's " broadcasting to our viewers on pbs in america, and also around the globe. coming up later, as a north korean spy, she blew up an airliner. now, she is a best-selling author. why she is now visiting japan. and the warnings here in britain that this fast-growing activity could live up to its grim name. an afghan army recruit has again turned on foreigners. this time, two american civilians were shot dead at a training base in northern afghanistan. an afghan soldier and the suspected gunman were also killed. it is the second such incident in as many weeks and comes just as representatives of 70 countries descended on kabul to the skies the country's future. president karzai told the conference that he wants afghan forces to take control of total security for the country by the end of 2013. >> he is the president of a nation at war, buddy has been accused of presiding over incompetency and corruption. now, he is qu
PBS
Jul 5, 2010 6:00pm EDT
other news of the day, here's hari sreenivasan in our news room. >> 3 u.s. troops and a british soldier were killed by roadside booms in afghanistan today t that made a dozen international troops to die in the first five days of july. meanwhile, leading u.s. senators warned americans just expect more such days. republican john mccain spoke in kabul. >> there are obviously obstacles that lie ahead. there will be more difficulty times in the short-term. casualties will go up. but i'm convinced we can succeed and will succeed in khandahar is obviously the key area and if we succeed there, we will succeed in the rest of this struggle. >> reporter: khandahar is a taliban stronghold. the planned offensive to seize the city has been delayed. the democratic republic of congo began two days of mourning today for at least 242 people killed in a tanker truck explosion on friday. more than 200 others were hurt. the truck tipped over near a site where people had gathered to watch the world cup soccer matches. dozens ran toward the truck and began scooping up fuel before the explosion. some 6
PBS
Jul 22, 2010 6:00pm EDT
spark new lending to business. for a closer look, greg ip, u.s. economics editor of "the economist" magazine. greg, welcome. corporate earnings, they were higher than expected. what happened? why? >> well, the story of the last few months is that corporations have actually been reporting earnings that are better than analysts have expected but often the market has not taken that well. because when you dig down you find that a lot of that improvement is because of cost-cutting. we know that employment has been weak. and one reason why is that companies, when they meet their sales targets are doing it by making their workers more productive rather than hiring more. the other thing especially true today with companies like caterpillar and ups is the strong sales are not in the u.s. you but if places like china and india. the bottom line is the market is doing well but that is not necessarily a great sign for the economy. over the last month, even though we had a good day today t only kind of like takes us back to where we were, you know, a few weeks ago. it's basically one step forwar
PBS
Jul 26, 2010 5:30pm EDT
. rejecting the accusations made in u.s. military documents. >> this is being called intelligence, but it is not. >> we understand that the chief of bp is settling down in october with a pension of $900,000 each year. a war crimes court finds the khmer rouge chief guilty of crimes against humanity. broadcast viewers on pbs in america and around the globe, coming up later, the sanction squeeze, europe adopts a tough on iran to curb its uranium enrichment program. a spanish man who has undergone the world's first full face phrase -- faced transplant faces the camera as four months after surgery. it is the biggest leak in american military history and it might fuel growing doubts about current strategy in afghanistan. more than 90,000 documents detailing the actions of western forces disclosed on the internet. suggesting far more afghan civilian deaths denn have been officially acknowledged, suggesting that pakistani intelligence has been corresponding with the taliban. >> on authorized, unprecedented, embarrassing, it has been called the biggest ever leak of classified military documents
PBS
Jul 2, 2010 5:30pm EDT
gang responsible for the murder of a u.s. consulate workers. the suspect admitted organizing the killing, saying the american was targeted because she issued visas to a rival gang. there is a concern that american interest may become a target in the mexican drug war. a priest who helped orchestrate the 1994 ugandan genocide has been arrested by police. jean-bosco uwinkindi has been arrested. police are on high alert across pakistan. there was a deadly suicide attack on a sufi shrine in the city of lahore. protestors have been demonstrating their anger at what they say is lax security. there is now a chinese official version of the events in xinjiang. china blamed the violence on the ethnic uighur population. amnesty international says chinese security forces used unnecessary levels of force. suicide attackers have stormed the compound of american aid organization in afghanistan. at least four people were killed, including three foreign workers. gunmen attacked security forces for six hours, until all the attackers were killed. that was just hours before general david petraeus all
PBS
Jul 9, 2010 7:00pm EDT
on wall street. the major u.s. stock indexes posted their best week in nearly a year. you know, tom, investors have been snapping up stocks ohopes they'll be getting some good news and it starts next week. >> hudson: you can see the optimistic mood change when you look at the numbers. all three major indices gained 5% over the past week. the dow up 60 points today, the nasdaq adding 21 and the s&p 500 rising 7.5. today's gains did come on lower volume ahead of the weekend. the nyse is down over a billion shares and the nasdaq off the two billion share pace. >> gharib: the one concern is the economy, including the weak housing market. that housing weakness comes even though the 30-year fixed rate mortgage is now at the lowest level in 50 years. it's averaging just over 4.5% nationwide. erika miller explains why it's not doing much to help the markets. >> reporter: with mortgage rates at rock bottom levels you'd expect a surge. but not so, says marc kunnen who blames the tougher standards. >> the higher credit scores that are required, the lower debt to income ratios that are looked f
PBS
Jul 16, 2010 5:30pm EDT
. -- an annoyance to some. hello and welcome. the u.s. president barack obama has welcomes bp's success in stopping the oil leak in the gulf of mexico. he told reporters it was undoubtedly progress. new research is being done to determine whether the leak can be shut down without new leaks of peering. >> is this the moment the stain of the oil spill starts to vanish from the borders of the gulf of mexico? 1 mile down, this is how it looked last night. the leak gradually being turned off, until the flow was cut to just a wisp of oil. news, but president obama warned americans to be cautious. >> one of the problems is that when the oil stopped gushing, everyone feels like we are done. and we are not. scientists are doing a number of tests. what they want to make sure of to make sure the oil is not seeking out in other ways that could be more catastrophic. -- the oil is not seeping out in other ways that could be more catastrophic. >> is images like this that have battered the reputation of bp. but what have they achieved on the sea bed? the flow of oil was successfully shut off last night
PBS
Jul 30, 2010 7:00pm EDT
for joining us. the u.s. recovery lost momentum this spring, susie. that came as consumers spent less and imports surged. >> susie: tom, "sluggish" is the best way to describe growth in the second quarter: the gross domestic product, or g.d.p., slowed to an annual rate of 2.4%. that's down from a revised 3.7% in the first quarter, but on the positive side, this is the fourth straight quarter of growth. >> tom: the smaller g.d.p. figure was balanced by a big jump in midwest business activity. the chicago purchasing managers index marked its 10th straight month of expansion, up to 62.3. any number over 50 signals growth. today's numbers highlight the cross currents in the economy, and whether growth will be strong enough to drive down unemployment. suzanne pratt takes a look at what analysts say lies ahead for the u.s. economy. >> reporter: on the surface, the economy growing at a rate of 2.4% doesn't sound so bad. after all, consumer spending in the second quarter was only slightly weaker than the first quarter. on top of that, businesses bought up equipment and software at a blis
PBS
Jul 5, 2010 12:00pm EDT
war. initiated by the venezuelan art -- oligarchy and supported by the u.s.. >> i recall that comment from bush. immediately after he gave that speech he came to a studio in new york at the embassy. my crew had him on this program. we interviewed him shortly after that speech. it was a fascinating day to talk to him. >> in the film we have kirschner, his friend. he says that he likes to go chavez as a friend, but he needs to think about a successor. right now the system needs to be made sure it works. >> that does not bother you? that he is setting himself up to be like castro? >> there is always an norris scrooge -- enormous scrutiny on the election. not only do they have an electronic balances, but at the same time they have two groups. far better than florida in 2000. there was a 75% turnout. better than obama. >> whe is putting off referendums. saying that he once had a third term. is hard going down there. i will not say that it is easy, but i will give you an example. he fires people that are his friends because of corruption. sometimes you get a post in the government position
PBS
Jul 2, 2010 12:30pm EDT
. investigation federal prosecutors accused 11 people of nuclear weapons, u.s. policies towards iran, politics and other topics. the case is a reminder while they may be friendly country there are no friendly intelligence agencies. the suspected agent operating under deep cover some of them appeared in new york, boston and virginia. they include four couples, among them is a real estate agent, business cuttant, planner and reporter. the 11 suspect disappeared in the island of sk cyprus where he was arrested and released. the arrests came just days after russian president medvedev met with president obama on an ongoing effort to reset russia-u.s. relations. the russian foreign ministry has set the effect will not negatively effect bilateral relations. president obama sought to lay down the impact of the case. joining me from washington, scott shane from "the new york times." he's been reporting on the story. charles cup chance on the council of foreign relations at georgetown university and peter earnest a former c.i.a. officer director of the international spy museum in washington. i am pleased to
PBS
Jul 19, 2010 6:00pm EDT
, making a total of 42 u.s. deaths this month compared with 60 in june. meanwhile security was tightened in kabul on the eve of an international aid donor summit. thousands of afghan troops and police set up check points to search cars and drivers. secretary of state hillary clinton arrived in kabul today from pakistan. while there she announced more than $500 million in new aid projects. clinton rounded out two days of high level talks with pakistani military and civilian officials in islamabad. and she tried to calm fears that america's focus in pakistan is solely on fighting militants. >> that this misperception has persisted for so long tells it us we have not done a good enough job with connecting our partnership with concrete improvements in the lives of pakistanis. and with this dialogue, we are working very hard to change that perception. >> reporter: the secretary also attended a town hall meeting with pakistani institutes and businesspeople. she said they seemed more receptive than during her visit last fall. an 18th person has died in the city of torreon mexico after
PBS
Jul 31, 2010 2:00am EDT
not, that will cause people who are legally here, including u.s. citizens, to be detained for who knows how long. she says that interferes with the federal law and you can't do that. that is basically pre-emented. so that was the basis of the judge's ruling. >> let's reminds people of the history of jan brewer. she came to the white house and met with the president. she signed this bill. she thinks it's a good idea. and her argument is that she's forcing the federal government to do its job but she'll appeal it all the way to the supreme court, if that's what it takes. what does me mean by that? >> what she's saying is look who's frustrating the intent of congress. congress passed a law intend us to get tough with illegal immigration. look who isn't doing it. it's the federal government. but the feds say there's only so much we can do. we have limited resource. so let's decide what the biggest problem is and let's not be calling us every day with thousands and thousands of people, everybody that you pick up off the street. now, one other thing -- the judge's ruling also noted that
PBS
Jul 16, 2010 8:30pm EDT
last year. gwen: this is u.s. forces we're talking about? >> yes. u.s. forces, casualties. i went with a general and one of the first things we did is went to a memorial service for a 20-year-old soldier and i couldn't help sitting there thinking, a 20-year-old soldier who was 11 years old when this war started. gwen: wow. >> so saw that really first hand. >> is there anything you saw in the training, so much of this depends on the ability to stand up this very wobbley afghan force. was there any good in the training you saw there? >> yeah. i have the comparison to iraq so i can look back and think they've really come a long way in what they're doing and how they're doing it. but at the same time some of the are you -- recruits they're getting, one of the officers said to me they can't shoot, they can't drive, they can't read. they were doing the most rudimentary training you can ever do. driver's training the they can't read license plate numbers if they're going out to be police officers in the local areas. i think the training is going well. it's just that we're so far behind b
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